Jewelry, Watch, Precious Stone, & Precious Metal Merchant Wholesalers
Key Figures
Figures are published for NAICS 423940 directly.
Secure payments powered by Stripe, a PCI DSS Level 1 certified provider
Official definition
This industry comprises establishments primarily engaged in the merchant wholesale distribution of jewelry, precious and semiprecious stones, precious metals and metal flatware, costume jewelry, watches, clocks, silverware, and/or jewelers' findings.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
Establishments primarily engaged in merchant wholesale distribution of jewelry, precious metals, gemstones, watches, and related items are classified in this industry. The boundary distinguishes these activities from toy and hobby goods wholesale, which covers costume jewelry and novelty items sold as playthings or collectibles rather than as functional jewelry or accessories. Precious metal and gemstone wholesalers focus on materials and finished pieces with inherent value in jewelry, timekeeping, and decorative applications, whereas toy and hobby wholesalers distribute items primarily marketed for recreation or entertainment purposes.